The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased 13 basis points this week, to 4.86% for the week ending July 11, 2013. But it remained well below its 4.99% average from two weeks ago (the week ended June 27).

The 20-Bond GO Index of 20-year general obligation yields increased 16 basis points this week, to 4.55%.But it remained below its 4.63% level from two weeks ago.

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